Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Remarks: There have been no changes in the ownership by the Reporting Person of the Derivative Securities originally reported on the Form 3 and Form 4s filed by the Reporting Person (the "Prior Filings"), other than the vesting of and expiration of certain of the convertible securities, Warrants and Stock Options previously reported in such forms, each pursuant to their terms. This Form 4 reflects, among other grants, the grant of options to purchase 80,000 shares at $.45 per share which were granted in July 2009 which were not previously reported. Readers should read and review those Prior Filings for detailed information on the Reporting Person's ownership of Derivative Securities, which information is incorporated by reference herein. |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.